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ckramer (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 05:10 PM Original message |
Renters Gloat Over the Housing Slump |
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progressivebydesign (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:07 PM Response to Original message |
1. Renters shouldn't laugh.. dumbsits. Rents go UP in soft housing markets. |
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NashVegas (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:13 PM Response to Reply #1 |
2. Oh, Rents Are Ridiculous, Too, in Hot Neighborhoods |
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Sapere aude (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:33 PM Response to Reply #2 |
9. Yep that's the idea. Also the property appreciates in value. Renters should get money back in a |
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CBHagman (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 01:51 PM Response to Reply #2 |
26. And not just in hot neighborhoods. |
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high density (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:34 PM Response to Reply #1 |
10. Our classified section is full of apartments |
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QC (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 09:43 PM Response to Reply #10 |
36. Lots of floppers here trying to rent the houses and condos |
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gorbal (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 08:01 PM Response to Reply #1 |
17. People CAN buy homes |
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MannyGoldstein (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 01:58 AM Response to Reply #1 |
19. Not Necessarily |
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lindisfarne (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:15 PM Response to Original message |
3. Yes. And renters should take advantage of lower house prices and low mortgage rates to buy a house. |
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shireen (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:19 PM Response to Original message |
4. i'm a renter and i don'f find anything amusing about the housing slump |
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krispos42 (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 10:14 AM Response to Reply #4 |
28. The bubble was caused by Bush's tax cuts |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Mon Jan-01-07 07:33 AM Response to Reply #28 |
40. Yes, the Bush tax cuts might have accelerated things |
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judaspriestess (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:28 PM Response to Original message |
5. 2300 a month for rent |
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lindisfarne (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:32 PM Response to Reply #5 |
7. He's probably laughing because he made a ton of money selling before the market slumped, |
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Sapere aude (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:30 PM Response to Original message |
6. I have a fixed rate mortgage at 4.5%. My house payment is $1400. Soon average rent will be higher |
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lindisfarne (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:33 PM Response to Reply #6 |
8. Wow. How did you get a fixed rate mortgage of 4.5%? Can't be a market rate - they never |
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Sapere aude (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:35 PM Response to Reply #8 |
11. It is a Cal Vet loan. I am a Vietnam veteran and it is a special program for us in CA. |
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shireen (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 07:20 PM Response to Reply #11 |
14. i'm glad to hear that |
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cureautismnow (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 11:40 AM Response to Reply #8 |
24. Yes, they were that low. |
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kineneb (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 11:18 AM Response to Reply #6 |
22. our rate is higher, but our payment is still cheaper than rent |
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natrat (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:36 PM Response to Original message |
12. in san fran prices flatten but never decline alas i am a perpetual renter |
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hatrack (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 06:58 PM Response to Reply #12 |
13. In which case, you'll LOVE this website - though you may already be familiar with it |
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lapfog_1 (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 07:50 PM Response to Reply #13 |
15. Living here in Sunnyvale... |
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hatrack (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 07:55 PM Response to Reply #15 |
16. My favorite was a house in Palo Alto for $350K |
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lapfog_1 (1000+ posts) Send PM | Profile | Ignore | Fri Dec-29-06 08:16 PM Response to Reply #16 |
18. I remember years ago driving on 237 |
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caligirl (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 12:33 AM Response to Reply #18 |
27. We know that house! Hubby drove past it every day for a year. I don't think its there anymore |
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shanti (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 08:20 PM Response to Reply #15 |
32. exactly, a "scrape off" |
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alarimer (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 04:27 AM Response to Original message |
20. Well I have no choice but to rent |
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NashVegas (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 08:40 AM Response to Reply #20 |
21. I'm in a Similar Boat |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 11:37 AM Response to Original message |
23. Timing is everything - I'm better off for having bought when I did |
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Changenow (1000+ posts) Send PM | Profile | Ignore | Sat Dec-30-06 11:43 AM Response to Reply #23 |
25. Bingo |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 07:52 PM Response to Reply #25 |
30. We bought in 82 and are still here |
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shanti (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 08:38 PM Response to Reply #30 |
34. socaldem |
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shanti (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 08:31 PM Response to Reply #23 |
33. me too |
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DBoon (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 06:54 PM Response to Original message |
29. limited equity co-ops could be a long term solution |
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sendero (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 08:08 PM Response to Original message |
31. Better to rent or buy? |
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Little Wing (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 08:48 PM Response to Original message |
35. Rent's too high around here, everything's too high around |
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superconnected (1000+ posts) Send PM | Profile | Ignore | Sun Dec-31-06 10:07 PM Response to Original message |
37. I should add, I'm renting an 2 bdrm town house (crappy one) for $825 |
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zann725 (1000+ posts) Send PM | Profile | Ignore | Mon Jan-01-07 12:47 AM Response to Reply #37 |
38. You're in Everett? Have you considered Bend,OR? Plenty NEW house rentals in low $800,to mid-$900/mo. |
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customerserviceguy (1000+ posts) Send PM | Profile | Ignore | Mon Jan-01-07 07:40 AM Response to Reply #37 |
41. I'm down here in Vancouver, WA |
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gtar100 (1000+ posts) Send PM | Profile | Ignore | Mon Jan-01-07 03:42 AM Response to Original message |
39. The "gloaters" aren't typical renters |
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Vinca (1000+ posts) Send PM | Profile | Ignore | Mon Jan-01-07 08:34 AM Response to Original message |
42. There's no way I could afford $2,300 a month for rent! |
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ckramer (1000+ posts) Send PM | Profile | Ignore | Mon Jan-01-07 10:51 AM Response to Original message |
43. Money spent on too much housing basically is a waste |
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